Category: CL Marketplace

Congratulations OptaCredit!


We are delighted to share that our client OptaCredit, has been featured by Forbes Magazine in their November 2016 issue. They have been covered as one of the handful Fintech Startups who have benefited from the country’s demonetisation move. They...


Validus Capital Pioneers Offering Investor Insurance


We are delighted to see great news from our client, Validus Capital. This online lending platform linking small and medium-sized enterprises (SMEs) with astute global investors, is the first in Singapore to provide investor insurance on its invoice discounting services,...


The Signs are Clear – Marketplace Regulations Are On Their Way. Will You Be Ready?


Regulators who have been vocal about their concerns with marketplace lending practices are in the spotlight, with the Financial Stability Oversight Council (FSOC) calling on them to actively monitor the industry and consumers for risks introduced from new business practices...


FinTech and the Regulatory Landscape


When I was in banking, the changing regulatory landscape was a daily challenge. Whether you were tracking written rule updates, peer enforcement actions, "messaging" from key regulators that somehow become law overnight, or simply looking into your crystal ball for...


Online Lending Going Strong in Australia


As the cloud-based, end-to-end lending platform delivering innovation to the global financial community around the world we are privy to FinTech trends others are not. This past quarter we find the online lending industry gathering steam in Australia. While our...


Small Business Benefits from FinTech


The U.S. Department of the Treasury recently shared a white paper about online marketplace lending. They based their findings on a RFI they issued in the summer of 2015 to study the impact of online marketplace lending on small businesses,...


Patch of Land Continues To Pioneer the Real Estate Lending Space!


We recently were very happy to see great news about Cloud Lending Solutions’ client, Patch of Land (POL). A leading online marketplace lender for real estate, they recently announced an important milestone - they have  originated over $100 million in...


Podcast: Peter Renton in talk with Snehal Fulzele


As part of the Lend Academy Podcast Series, Peter Renton, Founder of Lend Academy, recently interviewed Snehal Fulzele, CEO and Co-founder of Cloud Lending Solutions. As one of the first and leading software providers to the marketplace lending industry, Snehal...


Lendit USA 2016


Lendit USA 2016, the largest conference dedicated to connecting the global online lending community, is set to take place on April 11-12, 2016 in San Francisco. The conference brings together the leading lending platforms, investors, and service providers in the...


Commit, collaborate or get left behind: How can banks leverage the power of marketplace lending?


Traditional banks today are facing heavy competition from online lenders, peer-to-peer lenders and marketplace lenders. While marketplace lending represents only 1 percent of unsecured consumer and SME lending in the U.S., Morgan Stanley believes it can reach 10 percent by...


5 ways alternative lenders can offset rising customer acquisition costs


With alternative lending attracting a bevy of lenders, end customers are enjoying more choices than ever. As a result, customer acquisition costs are rising. The price for bidding for keywords like "personal loans" or "refinance credit card” on Google AdWords,...


Congratulations, Borrowell!


The hits just seem to keep coming for our clients, with recent great news coming from Borrowell! Last month, the Canadian fintech leader announced that  Equitable Bank, along with Hedgewood, Power Financial Corporation and other investors, will invest $6.4 million...


6-Click Lending – From Application to Funding


Competitive advantage in the online lending industry is a race to close loan applications quickly and accurately while meeting high consumer expectations. 6-Click Lending represents how easy it is to collect social, banking and credit data to score and price...


Marketplace Lending – CFPB Involvement is Good News For Fintech


The Consumer Financial Protection Bureau (CFPB), the government agency responsible for consumer protection in the financial sector, recently announced that borrowers can now file formal complaints against marketplace lenders directly with the agency. What does this mean for the fast...


Congratulations to Harmoney!


Our cup runneth over. We say this because when our customers are successful we see that as our success. We recently talked about our client, LendingPoint, and their success in 2015. LendingPoint shared that last year they funded approximately $20...


Hybrid Lending will Become the New Normal


Hybrid lending is where banks, driven by Basel 3 & 4 solvency requirements, optimize their balance sheets by combining regular balance sheet lending with off-balance sheets – so-called marketplace lending. This seems to be the recipe for those sectors that...


Even Tech Giants are Moving in…. What next for existing lenders?


With the advent of the digital revolution, everything from shopping to banking is at one’s fingertips. Consumers today prefer real time solutions and ease of service, challenging the financial industry to adopt a customer-centric approach. As technology grows, our patience...


Can FinTech reduce the impact of the next financial crisis — or even prevent it?


No technology can completely eradicate fraud and human deceit, but I believe technology can make operations more transparent and systems more accountable. To illustrate this point, let’s look back at the mortgage crisis of 2008. Here’s my take on why...


What is more threatening to banks – fintech or old tech?


We love quotes like this: “Dave McKay, chief executive of Royal Bank of Canada, thinks banks should focus more on fixing their legacy systems than trying to pull fintech startups under regulators’ purview.” This quote came from a recent roundtable...


How LendingPoint Solved the Build vs Buy Conundrum


Alternative lenders today are disrupting the lending ecosystem by providing innovative solutions to those  who are currently undeserved by traditional banking institutions. These online as well as marketplace lenders are transforming the lending experience, providing borrowers quick access to credit,...


If You Can’t Beat ‘Em . . .How to Displace the disruptors


After the 2008 financial meltdown, banks faced tighter regulations and restricted access to capital. This situation, combined with rapidly changing consumer behavior, has precipitated a sea change in lending practices. Advances in technology, maturing digital channels, and the availability of...


UK Government Allows Tax Breaks on Peer-to-Peer Returns


The UK Treasury has confirmed that the first GBP 1,000 of peer-to-peer earnings per year will be tax-free from April 2016. As most individual lenders in the UK invest around GBP 6,000 (Source: The Telegraph) at an average interest rate...


The Need for Speed in the Lending Industry


Consumers today are looking for convenience and flexibility, demanding mobility, transparency, and instant access to credit. However, banks are constrained by inflexible technology systems that are too slow to adapt to the evolving consumer behavior. Banking growth is now being...


Cloud Lending at the AlTFi Summit 2015


Last week Cloud Lending Solutions attended AltFi Summit 2015 in London, where we got a chance to connect with some of the major industry players and see what the future has in hold for the alternative finance sector. It was...


Cloud Lending at Finovate Europe 2015


Last week Cloud Lending Solutions attended Finovate Europe 2015, a two-day event hosted in London show-casing new, cutting-edge financial technology. With over 70 Fin-Tech companies presenting, and over 1000 banking executives, analysts and journalists, this was a great opportunity to...


Cloud Lending’s Marketplace technology to serve Peer-to-Peer lending industry


In today's digital economy, where entrepreneurs are innovating at an unprecedented pace, we hear the word 'disruptive technology' way too often. To a human mind, disruption simply means an event that is truly capable of interrupting the continuity of day-to-day/normal...


How regulated should Marketplace lending be?


Marketplace lending has proved to be hugely popular in recent years with industry experts pegging it to become a $1 trillion industry by 2025. In United Kingdom, the industry saw over £480 million in loan volumes in 2013. As this...


What is Marketplace Lending ?


Marketplace lending, also known as peer-to-peer and crowd-lending is experiencing a renaissance. Many websites that act as financial match-makers are once again fulfilling a need for capital and higher investment returns left behind by traditional banks. With direct lending from...


The Evolution of Peer to Peer Lending


Peer-to-Peer lending is the basic form of lending, and can be traced back to the earliest civilizations in Mesopotamia. With farmer’s livelihood being cyclical and dependent on weather, loans secured against a farmer’s future harvest would help them survive until...


Marketplace Lending is here to stay


While microfinance is growing at a steady pace globally, online marketplace lending deserves a special mention. In the US, loan portfolio served by P2P operators is doubling every nine months. It is phenomenal, but time (and regulations) will be the...


Is a white label P2P lending software right for you?


White label p2p lending software helps P2P lending companies to get to market fast. But is that the only criteria to base the decision on? P2P lending businesses are heavily technology dependent. Without the right technology, P2P lending can be...


Is a white label P2P lending platform right for you?


P2P lending is expected to grow more than 170% in 2014 with the top 2 US based p2p lending platforms – Lending Club and Prosper, expected to issue loans in excess of $6-7 billion. With such an opportunity presenting itself...


Challenges before P2P lending industry


Although P2P lending industry is growing at breakneck pace, the total loan portfolio of P2P lending sector is still microscopic in the global scheme of things. It still has a long way to go. Investors may be coughing up cash...


The rise of P2P lending and the future of banking


P2P lending has sure sent the town talking about it. But is it really as disruptive as we think it is? Is it really going to revolutionize the lending industry? What will happen to the banks if P2P lending continues...


Loan fractionalization: The backbone of P2P lending


The new buzzword in the lending industry is “peer to peer” or P2P lending, also known crowdfunding, person to person lending and social lending. It should hardly be a surprise to anyone who has tracked the tremendous growth P2P lending...


Resources

NEWS

Cloud Lending Solutions Expands Leadership Team with New Executive Hires

Cloud Lending Solutions adds Chief Revenue Officer and Chief Financial Officer as the Company Focuses...

DigitalLEND Connects Borrowers and Lenders Through Rapid Deployment-Ready Customizable Solution

Cloud Lending Solutions, Crowdnetic and eOriginal Partner to Offer Turn-Key Solution to Solve Traditional Lending...

BLOGS

Regtech Meets Fintech – How It Improves Lending?

Lending as an industry is prone to risks and frauds. The added weight of growing ...

Opti-channel banking – way forward for better customer engagements

With an upsurge in technological innovation and the rise of digitally equipped millennials, banking and ...

EVENTS

NEFA Finance Summit 2018 (Conference)

The National Equipment Finance Association (NEFA) is a national association serving small- to mid-size independent ...

Money 20/20 Europe 2018

Europe's largest FinTech event is coming to Amsterdam If you’re thinking about how consumers and ...